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Oct 12 - 03:55 AM

USD/JPY - Chart Shows Bulls Retain The Upper Hand

By Martin Miller  —  Oct 12 - 02:20 AM
  • Scope grows for eventual gains to test the 2022 151.94 peak

  • Positive alignment of the tenkan and kijun lines adds to the upside bias

  • As does fourteen-day momentum that remains positive since the end of July

  • EUR/JPY sees a 158.34-158.60 range, according to EBS prices, on Thursday

  • Usually better to invest in EUR/JPY than EUR/USD in Oct nL1N3BB0G2

  • USD/JPY Trader TGM2336. Previous update nL1N3BH0IN

Refinitiv IFR Research/Market Commentary


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